Trading with point and figure

[ffsear]

Short squeeze!

 

[Dentalfloss]

Twaz..We had it amrked as a poss fake upmove early on friday morning

 

[Dentalfloss]

DAX

 

[Dentalfloss]

SPX

 

[Dentalfloss]

2926-2943 is supp area
Our 45 deg trendline and tthe horizontal line
see what sort of bounce we get from support

 

[Dentalfloss]

A quick flip to bars....Our lines containe d virtually all of the price action

 

[Dentalfloss]

On MT4
Alt 1 is bars
Alt 3 is line/close plot
Better to place the lines on the close plot then see if you were right
takes a few minutes of prctice

 

[Dentalfloss]

A quick flip....and we were right

 

[Dentalfloss]

Only analyse 1 trend
if the price is trending...then elongate the chart to get a better aspect ratio

 

[Dentalfloss]

A Boris bounce

 

[Dentalfloss]

UJ lookin a tad oversold

 

[Dentalfloss]

 

[Dentalfloss]

Ftse

 

[cantagril]

A Boris bounce

View attachment 264119

...but is it a Dead Boris bounce?

 

[Dentalfloss]

...but is it a Dead Boris bounce?

Could be....lol

 

[Dentalfloss]

Mornin folks ☕ ☕ ☕ ☕ ☕ ☕ 💋

 

[Dentalfloss]

SPX into the open

 

[Dentalfloss]

Dax

 

[Dentalfloss]

 

[Dentalfloss]

yes sir
whacked